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Commodities Research TeamCommodities Research Team


Oil Price Drop Rocks Shale’s World

[cfsp key=”video-roll-in”] Just last week on Thanksgiving Day, oil prices plunged below $70 – taking down many economies with it. And our beloved shale is no exception. In the United States, permits for new wells have dropped by 15% in October (a sure sign of a slowdown for shale oil). But there’s more. After being...

Kenya’s Tea Industry in Hot Water

http://wallstreetdaily-1.wistia.com/medias/pqsh7810ef?embedType=seo&videoFoam=true&videoWidth=530 Kenya is one of the world’s biggest tea exporters. In fact, hundreds of thousands of tea farmers have earned a living for generations in this east African country. But the industry is screeching to a halt. This year, farmers sold 40% less than the three previous years because they have started to switch to...

Nigeria’s Naira Takes an Oil Plunge

http://wallstreetdaily-1.wistia.com/medias/qs73a1kwl0?embedType=seo&videoFoam=true&videoWidth=530 Next year was supposed to be a big year for Nigeria. The country’s population of 180 million people will vote in what is sure to be the closest and most expensive presidential election since the end of military rule. A victory for democracy – but in the midst of it all, the country faces...

“Pumping” Up Consumer Spending Power

http://wallstreetdaily-1.wistia.com/medias/6p3abt4dwv?embedType=seo&videoFoam=true&videoWidth=530 Low gas prices have consumers willing to spend a little more cash. You see, consumer sentiment is going up as cheap gas spurs spending momentum elsewhere. Chris Christopher, IHS Global Insight’s Director of Consumer Economics, explains exactly how elastic price and consumer spending are. It’s basic economics. “Consumers are very, very sensitive to pump...

Cheap Gas Drives Big Auto Sales

http://wallstreetdaily-1.wistia.com/medias/yh0xc0kcj2?embedType=seo&videoFoam=true&videoWidth=530 Have automakers cracked the code to producing big sales? Apparently, this formula is working for the industry: Cheap gas equals more sales. In fact, Karl Brauer, Senior Director of Insights with Kelley Blue Book adds, “There’s good credit available. The economy seems to keep strengthening, at least enough to have some confidence in people…...

BP Profits Take a Beating

http://wallstreetdaily-1.wistia.com/medias/0a5qi4v95n?embedType=seo&videoFoam=true&videoWidth=530 One of Russia’s biggest investors, BP Oil (BP), is facing major problems with state-owned Rosneft. You see, BP has a 20% stake in the company, and with Western sanctions taking affect, Rosneft is cut off from foreign lending. The fall in Russia’s currency hasn’t helped, either. In fact, it’s lost more than one-fifth of...

Saharan Solar Power Opens Energy Corridor to Europe

http://wallstreetdaily-1.wistia.com/medias/38r6wihorq?embedType=seo&videoFoam=true&videoWidth=530 Renewable investment company Low Carbon and Nur Energie, a solar developer, have teamed together to create the TuNur project. By 2018, this project could generate enough clean energy to power two million European homes. They say the site will produce twice as much energy as the average nuclear power plant. But here’s the kicker,...

Rosneft Cuts Jobs as Sanctions Bite

http://wallstreetdaily-1.wistia.com/medias/zxtvv5xhap?embedType=seo&videoFoam=true&videoWidth=530 For those who have been waiting to see the consequences of the EU’s sanctions on Russia, well… here’s your glory moment. The world’s biggest oil producer is scaling down. In an attempt to cut costs, Russia’s beloved Rosneft is cutting staff and selling a prized oil field to China, which is exporting more and...

Skyrocketing Tiger Trade Blamed on Growing Asian Wealth

http://wallstreetdaily-1.wistia.com/medias/3fsms7acux?embedType=seo&videoFoam=true&videoWidth=530 Forget the platinum, diamonds, and rubies. Welcome the hottest commodity on the market: tigers. You read correctly… Tigers are the new “it” factor that the wealthy are using… In this instance, it’s not for showcase, it’s for medicinal use. In wealthy Asian countries, specifically China, tiger parts are an essential ingredient in medical procedures. ...

General Electric Fights Off Competition for Alstom

http://wallstreetdaily-1.wistia.com/medias/5a226ms501?embedType=seo&videoFoam=true&videoWidth=530 Months ago, the French government rejected General Electric’s (GE) original offer for Alstom’s (ALO.PA) energy assets. But fortunately for GE, ALO was open to a deal that would combine both companies’ rail businesses. So, GE’s Chairman and CEO, Jeffrey Immelt, went directly to the French government with an enticing promise that, over the next...